Topic Build to rent, Contracts
Date 15 Aug 2023
Galliford Try Investments and its Building West Midlands and South West business have signed contracts with a major build to rent operator for a £52m development in Cardiff.
The development will see the creation of 272 one and two-bedroom apartments in a 30-storey tower at Guildford Crescent, close to the centre of Cardiff. In addition, the project will improve the local public realm, as well as providing retail spaces on the ground floor.
Bill Hocking, Chief Executive of Galliford Try, commented: “Build-to-rent is a key area for growth within our business’s Sustainable Growth Strategy. The Guildford Crescent scheme is the first of a number of similar schemes we are taking on in this space and we look forward to creating fantastic new living spaces for the community in Cardiff alongside our partners.”